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I must of got in around 9th August ... was no rush .
https://www.lse.co.uk/SharePrice.asp?shareprice=PHAR&share=Pharos-Energy
Those looking for SIA please head over to PHAR.....................................
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So a new name ....I’d of thought they would be better spending their time working on improving their communications to shareholders
Added a few more and will continue under 60p to add further
61p still a very good level. Broker target is 89p so plenty of upside
I missed it! I managed to get a few more at 61ish though ready for a move up with any luck
Thank you Mr Market
Looks good value here. People were buying at 70p recently.
It has bounced from this level a few times now and buyers seem to know that
I took a few more, it looks set to move up
Soco International's interim results were positive with revenue for the first half of the year above guidance, Peel Hunt analysts say. More importantly, Peel Hunt says the company's first-half production was solid, with full-year guidance unchanged. The brokerage says Soco International is also delivering on its work program and that, as it does so, its faith in the stock continues to solidify. Peel Hunt leaves its buy recommendation and 120-pence share target price unchanged.
Odd... Auto trades took it from 66.9 to 64.4 on a name change.
presumably there has been a party in the board room today. Brent $68.64 at the moment.
Will continue to add at these levels.
Cairn moved into Profit I see. Let's hope that we get some good news tomorrow
Half year results on the 11th September so might hear then..but their communication with share holders is crap.
The company spudded its first Egyptian well on 16th July. It might be a good idea if it updated the market as soon as the results are known. To do otherwise would appear to create a vacuum into which all sorts of rumours can be poured. After all, it does represent a significant price-sensitive event.
With the dividend and growth potential this is one to lock away for the long term. A great addition to a portfolio.
From March was based on the following but reiterated start of the month;
** Peel Hunt upgrades UK-based oil & gas co Soco International Plc to "buy" from "add" saying "market has not yet valued the portfolio reset"
** Brokerage believes value in transformative Egypt acquisition has been missed by the market
** Proposed acquisition gives co scale and numerous upside opportunities - per broker
** Broker views the co as undervalued asset, a clear path to production/NAV growth, among others
** Peel Hunt believes successful delivery of the extensive Egypt drilling programme being key catalyst for a share price re-rating
This stock has returned some significant cash to shareholders over the years and is currently on a yield of 8.6%
I would think this month the there is also the tender in Israel which they were part of some could be a few RNSs to come. Oil just jumped on the trade talk news and this hasn't reacted as yet.
when do you think the news will come time2buy
This is better if can close above the 50 we might see a leap forwards.